Horse Racing Basics

An awesome number one horse illus

Introduction To Horse Racing

  • Betting on Horse Racing is conducted on pari-mutuel basis

  • Pari-mutuel betting is where all bets of a particular type are placed together in a pool. The final payout is not determined until the pool is closed.

  • Payout to winners = Bet Amount - Commission* - GST.

  • All dividends shall be declared in multiples of $1.

*Singapore Pools’ commission for Win, Place, Forecast and Place Forecast is at 18%. Commission for Tierce, Trio and Quartet is at 25%.
Sources of information screenshoot

Sources Of Information

  • done-icon-illustration

    Singapore Pools website

  • done-icon-illustration

    Newspapers, e.g. The Straits Times, Shin Min Daily News, etc

  • done-icon-illustration

    Racebooks

An awesome horse vector illustration